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COMPREHENSIVE INCOME
 6 Months Ended
Jun. 30, 2019
Equity [Abstract]  
COMPREHENSIVE INCOME COMPREHENSIVE INCOME

Comprehensive income was as follows:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2019
 
2018
 
2019
 
2018
 
(In thousands)
Net income
$
29,736

 
$
11,376

 
$
62,492

 
$
22,368

Foreign currency translation adjustment
7,700

 
(27,785
)
 
690

 
(14,005
)
Change in unrealized gain (loss) on derivatives, net of tax
(19,703
)
 
4,128

 
(23,937
)
 
13,032

Pension liability adjustment, net of tax
(19
)
 
12

 
(10
)
 
6

Comprehensive income, net
$
17,714

 
$
(12,269
)
 
$
39,235

 
$
21,401


Changes in Accumulated Other Comprehensive Income by component between December 31, 2018 and June 30, 2019 are presented in the table below, net of tax:
 
 
Gains and Losses on Derivatives
 
Defined Benefit Pension Items
 
Foreign Currency Items
 
Total
 
 
(In thousands)
Balance at January 1, 2019
 
$
(4,813
)
 
$
(736
)
 
$
(39,894
)
 
$
(45,443
)
Other comprehensive income (loss)
 
(16,974
)
 
(10
)
 
690

 
(16,294
)
Less: Amounts reclassified from accumulated other comprehensive income
 
6,963

 
—

 
—

 
6,963

Net current-period other comprehensive income (loss)
 
(23,937
)
 
(10
)
 
690

 
(23,257
)
Balance at June 30, 2019
 
$
(28,750
)
 
$
(746
)
 
$
(39,204
)
 
$
(68,700
)

For the six months ended June 30, 2019, the Company reclassified gains of $1.4 million and $5.5 million from AOCI to other income, net, and interest income, respectively.